The University receives state appropriations from the General Fund of the Commonwealth. The Appropriation Act specifies that such unexpended appropriations shall revert, as specifically provided by the General Assembly, at the end of the biennium. For years ending at the middle of a biennium, unexpended appropriations that have not been approved for reappropriation in the next year by the governor become part of the General Fund of the Commonwealth and are, therefore, no longer available to the University for disbursements.
A summary of state appropriations received by the University and the University’s College at Wise, including all supplemental appropriations and reversions for the year ended June 30, 2015, is provided in the following chart.
|Original legislative appropriation per Chapter 806||$||137,544|
|Financial aid — General Fund||12,774|
|Financial assistance for educational and general||6,928|
|Miscellaneous educational and general||(4,405)|
|TOTAL STATE APPROPRIATIONS||$||152,841|